Descartes Systems Group Stock Analysis

Descartes Stock Analysis Notes

About 88.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.45. Descartes Systems had not issued any dividends in recent years. The Descartes Systems Group Inc. provides cloud-based logistics and supply chain management business process solutions that focuses on enhancing the productivity, performance, and security of logistics-intensive businesses worldwide. The company was incorporated in 1981 and is headquartered in Waterloo, Canada. Descartes Sys is traded on NASDAQ Exchange in the United States. To learn more about Descartes Systems Group call BA BA at 519-746-8110 or check out https://www.descartes.com.

Descartes Systems Investment Alerts

Descartes Systems Upcoming and Recent Events

Descartes Largest EPS Surprises

View All Earnings Estimates

Descartes Stock Institutional Investors

Note, although Descartes Systems' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Descartes Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Descartes Systems's market, we take the total number of its shares issued and multiply it by Descartes Systems's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Descartes Profitablity

The company has Profit Margin (PM) of 0.2 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.3 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.3.

Management Efficiency

Descartes Systems has return on total asset (ROA) of 0.0737 % which means that it generated a profit of $0.0737 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0992 %, meaning that it created $0.0992 on every $100 dollars invested by stockholders. Descartes Systems' management efficiency ratios could be used to measure how well Descartes Systems manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.17 in 2024. Return On Capital Employed is likely to rise to 0.14 in 2024. At this time, Descartes Systems' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 1.1 B in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 17.3 M in 2024.

Technical Drivers

As of the 19th of April, Descartes Systems shows the Downside Deviation of 1.53, coefficient of variation of 1338.74, and Mean Deviation of 1.1. Descartes Systems technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Descartes Systems Group, which can be compared to its peers. Please confirm Descartes Systems variance and potential upside to decide if Descartes Systems is priced favorably, providing market reflects its regular price of 90.13 per share. Given that Descartes Systems has jensen alpha of 0.0381, we urge you to verify Descartes Systems Group's prevailing market performance to make sure the company can sustain itself at a future point.

Descartes Systems Price Movement Analysis

Descartes Systems Predictive Daily Indicators

Descartes Systems Corporate Filings

Descartes Systems Forecast Models

Descartes Systems' time-series forecasting models are one of many Descartes Systems' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Descartes Systems' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Descartes Systems prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Descartes shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Descartes Systems. By using and applying Descartes Stock analysis, traders can create a robust methodology for identifying Descartes entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Descartes analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Descartes analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Descartes Systems Group stock analysis indicators help investors evaluate how Descartes Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Descartes Systems shares will generate the highest return on investment. By understating and applying Descartes Systems stock analysis, traders can identify Descartes Systems position entry and exit signals to maximize returns.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Descartes Systems information on this page should be used as a complementary analysis to other Descartes Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

When running Descartes Systems' price analysis, check to measure Descartes Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Descartes Systems is operating at the current time. Most of Descartes Systems' value examination focuses on studying past and present price action to predict the probability of Descartes Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Descartes Systems' price. Additionally, you may evaluate how the addition of Descartes Systems to your portfolios can decrease your overall portfolio volatility.

Is Descartes Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Descartes Systems. If investors know Descartes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Descartes Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Descartes Systems is measured differently than its book value, which is the value of Descartes that is recorded on the company's balance sheet. Investors also form their own opinion of Descartes Systems' value that differs from its market value or its book value, called intrinsic value, which is Descartes Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Descartes Systems' market value can be influenced by many factors that don't directly affect Descartes Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Descartes Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Descartes Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Descartes Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.